COMPANY SETUP IN SHARJAH PUBLISHING CITY
Sharjah, the cultural hub of the United Arab Emirates, is also home to Sharjah Publishing City, a special free zone devoted solely to the printing and publishing industries. Publishers and readers from all over the world are drawn to this special free zone. Sharjah Publishing City, covering an area of 400,000 square meters, is home to first-rate storage and office space for entrepreneurs.
Sharjah Publishing City (SPC) free zone, managed by the Sharjah Book Authority (SBA) and supervised by His Highness Sheikh Dr. Sultan bin Mohammed Al-Qasimi, Supreme Council Member and Ruler of Sharjah, is a thriving cultural center and favored hub for book sellers. Companies in SPC that publish can take advantage of a renewable 25-year land lease and total editorial independence. The SPC team can issue a license in as little as 24 hours.
The Benefits of Setting Up Company in SPC
SPC free zone, which is managed by the Sharjah Book Authority, offers numerous benefits to Sharjah’s business owners and investors, including as:
Starting at only AED 1,350, you may purchase your very own office space. Startups are offered a 25-year lease with the option to renew. Less cumbersome legal procedures and a more streamlined procedure for starting a business Trading permits issued in less than a day’s time. It is legal for SPC businesses to hire a full contingent of foreign workers. Immunity from income tax and customs duties Affordability, accessibility, and printing industry infrastructure assistance Possession of all assets and the ability to repatriate earnings Assistance with local sponsorship and electronic channel visas for employees of SPC companies
Sharjah Publishing City’s Amenities
The office space
- must be no less than 25 square meters in size and include parking, utilities, and cleaning services. Furnished at AED 1,550 per square meter per year and unfurnished for AED 1,350 per square meter per year.
Prefabricated warehouses of varied sizes and prices are available from SPC, perfect for startups.
- 125 square meters (22 square meters for offices and 103 square meters for storage). – 60,000 AED per year
- 190 square meters of storage space and 60 square meters of office space. – AED 110,000 per annum
- 340 sq. m. of storage space and 60 sq. m. of office space – AED 160,000 per annum
SPC can issue a business license in as little as 24 hours and offers two different types of licenses
- Commercial Business License
- Professional/Service License